Oschadbank invested in the creation of almost half of the new energy capacities financed by Ukrainian banks

Since the memorandum on preferential lending to the energy sector came into force, Oschadbank has financed energy projects with a total capacity of 450 MW. According to the NBU, within the framework of the interbank memorandum on supporting projects for the development and restoration of energy generation, all participating banks provided financing for the construction of 1 GW of installed capacity. Thus, Oschad helped to implement almost half of all energy projects of the banking system, in accordance with the volume of new energy capacities created.

"80% of Oschadbank's energy loan portfolio consists of large corporate business projects. These are projects aimed not only at meeting the needs of the business itself but also at stabilizing the entire energy system," said Yevhen Miachyn, director of the corporate business support and development department at Oschadbank, during a speech at the Ukrainian Wind Energy Forum 2025, which took place recently in Lviv.

According to him, among Oschadbank's new energy projects, wind energy and energy storage facilities prevail in terms of generation types.

“The total amount of agreements concluded by Oschadbank to finance the development of decentralized generation during the full-scale war in the corporate business segment already exceeds UAH 6.1 billion. At the same time, agreements for another 300 MW of installed capacity are in progress for the coming year,” emphasized Yevhen Miachyn.

The Oschadbank representative noted that the bank maintains its leading position in energy financing primarily thanks to its unique expertise. As examples, he cited Ukraine's first case of lending to energy storage facilities (ESF) that will operate in the ancillary services market for KNESS, as well as turnkey project financing for the Nizhnovoritska WPP-7. Another landmark project is the largest ESF station in Eastern Europe for DTEK, for which Oschadbank led the consortium lending for its construction. And this is just a list of innovative projects for the market in 2025 alone.

“We learn together with our clients and take risks together with them to implement projects that do not yet have established implementation practices. This is how we became the market leader and continue to be so year after year,” said Yevhen Miachyn.

On June 26, 2025, 17 major banks signed a memorandum on preferential lending for energy infrastructure restoration projects.

According to the text of the memorandum, the signatory banks undertook to make efforts to provide affordable lending to businesses implementing projects aimed at increasing the country's energy independence.